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December 20, 2023

Taiwan
Taiwan’s 2024 Presidential Election: Analyzing William Lai’s Foreign Policy Positions

William Lai’s priorities are bolstering Taiwan’s defenses and consolidating ties with democracies. China is unlikely to pursue dialogue with Lai and would instead increase pressure on Taiwan.

Taiwan's Vice President and Democratic Progressive Party (DPP) presidential candidate William Lai addresses the DPP annual congress in Taipei, Taiwan. 

January 17, 2024

Taiwan
China Responds to Taiwan’s Presidential Election: Is Beijing Biding Its Time?

China’s initial response to William Lai’s victory in Taiwan’s presidential election was relatively restrained but it will likely exert more pressure on Taiwan in the coming months. 

Taiwan President-elect William Lai waves to supporters at a rally following his victory in the presidential election, in Taipei, Taiwan.

October 10, 2019

Sub-Saharan Africa
Rich People and Wealth in Africa

Rich people are everywhere, and they can have something to say about the level of economic development in their home countries. Afrasia Bank and New World Wealth have just published the 2019 Africa Wealth Report, which includes North Africa and African island states in the Atlantic and Indian Oceans. It identifies the continent’s six wealthiest cities, defined as total individual private wealth—equities, real estate, businesses—less liabilities. They are Johannesburg, Cape Town, Cairo, Lagos, Durban, and Nairobi.

Visitors walk past a reception with an electronic board displaying movements in major indices at the Johannesburg Stock Exchange building

January 14, 2022

Economics
C. Peter McColough Series on International Economics With John C. Williams

John C. Williams of the Federal Reserve Bank of New York discusses monetary policy, the continued impact of COVID-19, and the economic outlook for the year ahead. The C. Peter McColough Series on …

Play An investor views stock prices on monitors at a securities company on May 28, 2007 in Changchun of Jilin Province, China. Chinese stocks hit new highs today with the benchmark Shanghai Composite Index closing at 4,272.11 points, up 2.21 percent, as the total number of share trading accounts in the country topped 100 million.

January 18, 2024

Technology and Innovation
Don’t Let AI Become the Newest Digital Divide

AI will bring major breakthroughs in areas like education and medicine. However, lack of internet access could prevent many people from benefitting from these innovations.

10-year-old Fiammetta attends her online lessons surrounded by her shepherd father's herd of goats in the mountains, while schools are closed due to coronavirus disease (COVID-19) restrictions, in Caldes, Italy.

February 13, 2019

Nigeria
Nigeria Is Oil Dependent, not Oil Rich

At a business breakfast on February 7, Doyin Salami pointed out the elephant in the living room of Nigeria’s economy. The country is not oil rich; rather it is oil dependent. He asked attendees to acknowledge this distinction.

Nigeria-Oil-Pollution-Rivers-State